Asking Price: $720,000 Gross Revenue: $800,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This business services a $210 billion dollar recession-proof niche industry in one of the largest customer base in the country - the insurance property claims customers. This is an emergency service business providing services to insurance companies and property owners requiring fast restoration services from water damage, smoke and fire clean up.
We are experiencing dynamic growth and expansion in this immense market. No prior industry experience necessary. Expanded local market opportunities available. High-volume, low overhead industry with high profit margins.
About the Business
Number of Employees:
About $200k in equipment and vehicles
Growth & Expansion:
Big territory – the entire Portland market, which is very different then most franchises in the industry. National relationships – Liberty Mutual and Allstate. We do a lot of businesses with Liberty Mutual. TPA’s (Third Party Administrators) – Just signed up with Alactrity, Innovation Group and Nexxus. Alacrity handles State Farm and that will be huge moving forward. Have a relationship with CodeBlue and a regional insurance carrier MMG. Relationship with Starbucks performing biohazard remediation for them a few times a month. Excellent relationship with real estate agents in the area. Assets are approximately $200k. Equipment and vehicles are primarily brand new. 2017 350XL Transit Van 2018 Chevy Box Truck 2015 Ford Box Truck 2016 Ford F250 XL Crew Cab 2017 12’ Enclosed Trailer 80+ Airmovers 12+ Dehumidifiers Extraction Equipment Dragon Mobile Furnace Excellent reputation on Home Advisors which get a ton of mold leads.
Established Restoration Business in a Great Location
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the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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